APS 2015 Annual Report Download - page 82

Table of Contents
PINNACLE WEST CAPITAL CORPORATION
CONSOLIDATED BALANCE SHEETS
(dollars in thousands)
December 31,
2015
2014
ASSETS
CURRENT ASSETS
Cash and cash equivalents $ 39,488
$ 7,604
Customer and other receivables 274,691
297,740
Accrued unbilled revenues 96,240
100,533
Allowance for doubtful accounts (3,125)
(3,094)
Materials and supplies (at average cost) 234,234
218,889
Fossil fuel (at average cost) 45,697
37,097
Deferred income taxes (Note 4) —
122,232
Income tax receivable (Note 4) 589
3,098
Assets from risk management activities (Note 16) 15,905
13,785
Deferred fuel and purchased power regulatory asset (Note 3) —
6,926
Other regulatory assets (Note 3) 149,555
129,808
Other current assets 37,242
38,817
Total current assets 890,516
973,435
INVESTMENTS AND OTHER ASSETS
Assets from risk management activities (Note 16) 12,106
17,620
Nuclear decommissioning trust (Notes 13 and 19) 735,196
713,866
Other assets 52,518
54,047
Total investments and other assets 799,820
785,533
PROPERTY, PLANT AND EQUIPMENT (Notes 1, 6 and 9)
Plant in service and held for future use 16,222,232
15,543,063
Accumulated depreciation and amortization (5,594,094)
(5,397,751)
Net 10,628,138
10,145,312
Construction work in progress 816,307
682,807
Palo Verde sale leaseback, net of accumulated depreciation of $233,665 and $229,795 (Note 18) 117,385
121,255
Intangible assets, net of accumulated amortization of $546,038 and $489,538 123,975
119,755
Nuclear fuel, net of accumulated amortization of $146,228 and $143,554 123,139
125,201
Total property, plant and equipment 11,808,944
11,194,330
DEFERRED DEBITS
Regulatory assets (Notes 1, 3 and 4) 1,214,146
1,054,087
Assets for other postretirement benefits (Note 7) 185,997
152,290
Other 128,835
129,215
Total deferred debits 1,528,978
1,335,592
TOTAL ASSETS $ 15,028,258
$ 14,288,890
The accompanying notes are an integral part of the financial statements.
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